Announced
Financials
Sources
Tags
Integrated Oil and Gas
rafinery
Italy
Friendly
oil and gas
Domestic
Acquisition
Pending
Single Bidder
Majority
Private
Synopsis
G.O.I Energy, an energy company, agreed to acquire Isab, an Italian rafinery, from Lukoil-backed Litasco, a marketing and trading company of oil. Financial terms were not disclosed. The transaction is planned to be completed by the end of March 2023 upon fulfilment of certain conditions precedent including receipt of necessary approvals of competent authorities, particularly the Italian Government.
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